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What is a clearing corporation?
What is a clearing corporation?
Written by Yubi Support
Updated over a week ago

A Clearing Corporation is a party which takes care of the settlement and clearing of bond transactions. Think of it like a bank clearing payment transactions. The NSE clears trades trades via the NSSCL (NSE Clearing Limited) and the BSE clears trades via the ICCL (Indian Clearing Corporation Limited).

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